EU Climate Policy: Expectations and reality

Date: 16/10/2024
Time: 11:00 – 13:00
Venue: European Parliament, Brussels, Belgium

About the Discussion:
The event details the challenges these countries face in developing energy infrastructure, production, and distribution. Participants will explore innovative approaches for integrating market principles with effective climate policies. This discussion will delve into the core aspects of EU climate policies, addressing: Effectiveness of Current Policies: Assessing how well existing measures are reducing CO2 emissions across various sectors, such as industry, transportation, and agriculture.

Costs of Key Policies: Analyzing the economic implications of policies like the Emissions Trading System (ETS), Carbon Border Adjustment Mechanism (CBAM), and subsidies for renewable energy. These policies can impact market dynamics, competitiveness, and government budgets. Alternative Approaches: Exploring potentially more impactful strategies beyond current frameworks, such as carbon taxes, enhanced international cooperation, and technological innovations.

Rational Dialogue and Best Practices: Emphasizing the need for evidence-based discussions free from ideology. Facilitating platforms for EU member states to exchange successful strategies and lessons learned in climate action. Innovative Market Integration: Examining how market-based incentives can be effectively integrated into climate policies to drive emission reductions while promoting economic growth. This involves balancing environmental goals with market principles to foster innovation and cost-efficiency.

Moreover, the discussion will highlight the challenges faced by EU countries in developing energy infrastructure, production, and distribution. It identifies significant barriers to private capital investment, including legal uncertainties, bureaucratic hurdles, state intervention in markets, uncertainty about regulatory regimes, financial constraints, limited access to necessary infrastructure like the energy grid and land, and complex taxation systems.

Organized by the Warsaw Enterprise Institute, Union of Entrepreneurs and Employers, and European Enterprise Alliance, the event EU Climate Policy: Expectations and reality event details the challenges EU countries face in developing energy infrastructure, production, and distribution. Participants will explore innovative approaches for integrating market principles with effective climate policies. To register click HERE

Contact person:
Seyide Direk, Policy Analyst, European Enterprise Alliance
direk@enterprisealliance.eu